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MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
Which of the following is NOT a statement used to show trade as a source of gains for everyone?
Answer In the absence of trade, every economy would have to produce every good for that economy.Â
In the absence of trade, every economy would have to consume every good that is produced.Â
Each individual in a trading economy is able to consume more of the goods produced after trade.Â
International trade constrains consumption choices for consumersÂ
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